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Arleen Corporation reported Net Income of $135,000 for the current year. Beginning Balances in Accounts Receivable and Accounts Payable were $29.000 and $26.000, respectively, Ending
Arleen Corporation reported Net Income of $135,000 for the current year. Beginning Balances in Accounts Receivable and Accounts Payable were $29.000 and $26.000, respectively, Ending Balances in these accounts were $30,000 and $24,000, respectively. Assuming that all relevant information has been presented, Arleen Corporation Net Cash Flows from Operating Activities for the current year is $134.000 $138.000 O $132.000 5136,000 D Question 45 2 pts On February 22, 2021. Chavez Corporation acquired 200 shares of its 55 Par Valve Common Stock for $25 per share On March 15. 2021. Chavez Corporation reissued 20 shares of the Common Stock for 530 per share. The Journal Entry made by Chavez Corporation for the reissuance the shares of the Common Stock includes Credit Treasury Stock $2.300 Credit Cath $1.750 Credit Additional Paldin Capital 51.750 Credit Treasury Stock 51.750 00 EF DD Fo : i . 6 & 7 00 8 9 ) 0 T T Y U I O P G H J K L
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